St. Marys Road - PL15 8LE
Key Postcode Insights
PL15 8LE is a residential postcode situated on St. Marys Road, Lanstephan, Launceston, PL15 with 12 addresses.
It ranks as the 533rd largest and 108th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 8 houses and 4 flats.
- Ave. Sale Price
- £140,720
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £634pcm
- 10 Year change
- up 55.6%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
PL15 8LE is a residential postcode situated on St. Marys Road, Lanstephan, Launceston, PL15 with 12 addresses.
It ranks as the 533rd largest and 108th most expensive of the 882 postcodes in the PL15 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 12 properties: 8 houses and 4 flats.
- Ave. Sale Price
- £140,720
- 10 Year change
- up 37.1%
- Ave. Rental Price
- £634pcm
- 10 Year change
- up 55.6%
- Ave. £ per ft²
- £169/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin PL15 8LE
- 45 St. Marys Road
Unknown
- 47 St. Marys Road
Unknown
- 49 St. Marys Road
3 Bed Mid-century House
- 51 St. Marys Road
3 Bed Mid-century House
- 53 St. Marys Road
Unknown
Sales Market Trends
The last sale in PL15 8LE sold for £165,000 on 7th April 2025. Since then prices are up an average of 2.2%.
The current average value in the postcode is £140,720.
The PL15 8LE Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £140,720 |
| June 2025 | -1.1% | £137,498 |
| June 2024 | -1.1% | £138,971 |
| June 2023 | 1.5% | £140,516 |
| June 2022 | 11.8% | £138,440 |
| June 2021 | 8.9% | £123,834 |
| June 2020 | -0.8% | £113,696 |
| June 2019 | 2% | £114,614 |
| June 2018 | 6.9% | £112,407 |
| June 2017 | 2.4% | £105,107 |
| June 2016 | 1.6% | £102,637 |
| June 2015 | 2.6% | £100,978 |
| June 2014 | 3.3% | £98,412 |
| June 2013 | 2.6% | £95,307 |
| June 2012 | -2.5% | £92,883 |
| June 2011 | -2.2% | £95,267 |
| June 2010 | 5.3% | £97,374 |
| June 2009 | -13.1% | £92,435 |
| June 2008 | -2.9% | £106,340 |
| June 2007 | 0% | £109,507 |
Rental Market Trends
The current average rental value in the postcode is £634.
The PL15 8LE Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.4% | £634pcm |
| June 2025 | 6.4% | £601pcm |
| June 2024 | 3.4% | £565pcm |
| June 2023 | 4% | £547pcm |
| June 2022 | 12.6% | £526pcm |
| June 2021 | 7.3% | £467pcm |
| June 2020 | 1.8% | £435pcm |
| June 2019 | 0.8% | £427pcm |
| June 2018 | 1.3% | £424pcm |
| June 2017 | 2.7% | £418pcm |
| June 2016 | 1.6% | £407pcm |
| June 2015 | 0.6% | £401pcm |
| June 2014 | 3.3% | £399pcm |
| June 2013 | 0.2% | £386pcm |
| June 2012 | -1.1% | £385pcm |
| June 2011 | 1.4% | £390pcm |
| June 2010 | 5.1% | £384pcm |
| June 2009 | -10.2% | £366pcm |
| June 2008 | 1.8% | £407pcm |
| June 2007 | 0% | £400pcm |
Sales History
The last sale was on 7th April 2025 for £165,000 and since then the market in the area has increased by 2.2%. The postcode has had a total of 8 sales since 1995.
PL15 8LE has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£165,000 | 3 Bed House51, St. Marys Road, Launceston, PL15 8LE51, St. Marys Road, Launceston, PL15 8LE
- Sold Feb 2025£165,000 | 3 Bed House49, St. Marys Road, Launceston, PL15 8LE49, St. Marys Road, Launceston, PL15 8LE
- Sold Oct 2017£108,500 | 3 Bed House51, St. Marys Road, Launceston, PL15 8LE51, St. Marys Road, Launceston, PL15 8LE
- Sold Aug 2017£114,500 | 3 Bed House49, St. Marys Road, Launceston, PL15 8LE49, St. Marys Road, Launceston, PL15 8LE
- Sold Jul 2003£87,000 | 3 Bed House49, St. Marys Road, Launceston, PL15 8LE49, St. Marys Road, Launceston, PL15 8LE
Nearby Postcodes
PL15 8LE is the 533rd largest and the 108th most expensive postcode out of the 882 postcodes in the PL15 area.
- PL15 8XJ, Plestin Close, Launceston, PL15PL15 8XJ16 Addresses|74 m away
- PL15 8JR, St. Marys Road, Lanstephan, Launceston, PL15PL15 8JR14 Addresses|76 m away
- PL15 8JP, St. Marys Road, Lanstephan, Launceston, PL15PL15 8JP5 Addresses|80 m away
- PL15 8XL, Duchy Close, Launceston, PL15PL15 8XL19 Addresses|98 m away
- PL15 8JW, St. Marys Road, Lanstephan, Launceston, PL15PL15 8JW5 Addresses|116 m away
Property Types
- 1 modern house built after 1980
- 3 modern flats built after 1980
- 4 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (1)
- modern flat (3)
- mid-century house (4)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Sep 2023£208,000 | 3 Bed House2, St. Marys Road, Launceston, PL15 8JN2, St. Marys Road, Launceston, PL15 8JN
- Sold Mar 2025£200,000 | 3 Bed House6, St. Marys Road, Launceston, PL15 8JN6, St. Marys Road, Launceston, PL15 8JN
- Sold Dec 2020£185,000 | 3 Bed House9, St. Marys Road, Launceston, PL15 8JN9, St. Marys Road, Launceston, PL15 8JN
Schools Nearby
- St Stephens Community Academy500 m away
- Windmill Hill Academy1.2 km away
- St Catherine's CofE Primary School1.9 km away
- Launceston College1.8 km away
- Callington Community College15.8 km away
- Holsworthy Community College18.6 km away
More reading links
Public Transport Nearby
The closest station to PL15 8LE is Gunnislake station, which is 17.5 kilometres away.
- Gunnislake|17.5 km away
- Calstock|19.7 km away
- Bere Alston|21.1 km away
- Liskeard|23.3 km away